OKLink has launched the “Sky Eye on the Chain” function, opening up three major services including transaction graphs, address analysis, and chain monitoring.
According to PeckShield statistics, there were 28 prominent security incidents in August, involving DeFi, wallets, public chains, exchanges, and blackmail scams.
Previously, Bitfinex suffered a hacker attack in 2016 that resulted in the theft of 120,000 Bitcoins, the total value of digital currency involved in the PlusToken network MLM case was more than 40 billion yuan, and security incidents such as the hacking of Twitter have all caused the encryption community and regulatory authorities. attention.
Undoubtedly, security incidents such as fund listings, project runaways, and hacking attacks are a blow to related project parties, exchanges and their users, ranging from the loss of some assets to the entire cryptocurrency field.
However, if such a security incident can track subsequent transactions in real time and monitor the flow of stolen assets (including whether it has entered the currency mixer, the exchange, and how many assets have flowed into the exchange, etc.), the project The parties, exchanges, and users can each respond quickly to this, and can also assist regulatory agencies in monitoring illegal transactions to try their best to curb illegal behaviors such as money laundering and minimize negative impacts.
The blockchain industry urgently needs on-chain data tracking and visualization tools
So for ordinary users and project parties, how to assess the impact of such security incidents in the first time and conduct real-time tracking and monitoring? What tools can the regulatory authorities rely on for anti-money laundering or cracking down on hackers?
At present, the functions of most blockchain browsers in the industry are limited to basic functions such as on-chain data, network status, and address query.
Taking 1,400 bitcoins stolen by Github users at the end of August as an example, if you query the flow of stolen assets through ordinary blockchain browsers in the market, you need to manually retrieve the outflow address of the stolen funds in each transaction multiple times. Once the stolen assets are split and transferred layer by layer, the work of tracking the asset flow will become more cumbersome and difficult.
In addition, ordinary blockchain browsers also require users to associate and analyze related addresses and transactions themselves, and there is no way to perform real-time tracking, interactive query, in-depth analysis, and visual presentation. In other words, this type of blockchain browser has no way to meet the diverse needs of users.
Currently, there is an urgent need in the market for tools that can help users bid farewell to tedious retrieval, real-time tracking, monitoring, and in-depth analysis of transaction information.
OKLink lays out “Sky Eye on the Chain”
It is precisely based on this demand that on September 1, OKLink launched the “Sky Eye on the Chain ” function, which filled the gaps in the automatic tracking and monitoring, in-depth analysis and other aspects of the blockchain browser, and broke the data on the chain. The dilemma of not being able to interact and visualize.
Source: OKLink
“Sky Eye on Chain” is a free and open on-chain data monitoring and transaction behavior visualization tool for all users. It has three functions: transaction graph, address analysis and on-chain monitoring.
Take “Github user stolen 1,400 bitcoins” as an example. After entering the transaction hash through the ” Transaction Graph ” function, we can clearly see that the funds have been gradually split into 7 different Among the addresses, the wallet with the largest balance is 500 BTC (addresses starting with bc1qf8a), and the smallest is 1.68 BTC. In addition, users can directly click to query each transaction information involved in the transaction graph.
“Github user stolen 1,400 bitcoins” related transaction graph, source: OKLink
In addition, the generated transaction graph is also analyzed in detail, marking whether the currency has been mixed, flowing into the exchange, and spending. It can be found that no Bitcoin has flowed into the exchange.
The ” Address Analysis ” function can provide data and visual charts after an address interacts with other addresses. Take the Plus Token risk event address as an example. After entering the time range, transaction amount, and number of mining layers that you want to track, you can generate an analysis graph about the address.
Plus Token risk event address analysis, source: OKLink
The above figure helps users to achieve simplified data to a large extent with the help of data visualization. In addition, each address involved in the analysis graph can also be directly clicked for query, which maximizes the interactivity of the data.
The last “on- chain monitoring ” function can automatically and real-time monitor the capital flow information of some addresses or transactions. Add the addresses or transactions that need to be monitored to the list of “on-chain monitoring”, set the balance change range, and you can get email notifications as soon as the funds are transferred.
In addition, users can also add the addresses of interested large accounts to their monitoring list.
Relying on OKLink’s business scenarios and multi-dimensional data, in terms of technology, OKLink builds a complete intelligent anti-fraud closed loop based on big data, real-time computing, graph computing and other technologies, which can solve black production address query, tracking, and positioning in one stop And other fraud issues.
OKLink “Sky Eye on the Chain” introduces complex cross-address analysis at the tool level; at the algorithm level, it introduces graph computing and big data; at the system level, real-time monitoring is realized. Ouke Cloud Chain hopes to achieve the following goals through the “Sky Eye on the Chain”:
- Use blockchain technology to assist law enforcement agencies in chain law enforcement, crack down on illegal production, and smart police assistance, and make every effort to curb illegal activities such as money laundering;
- Provide on-chain data and other services for users, exchanges, and project parties through traceable digital assets;
- Provide blockchain + big data solutions for alliance chains and on-chain data based on various businesses;
- Continue to expand the diversified application scenarios of the blockchain, promote the new infrastructure industry based on the blockchain, and give new value to the industry for exploring “blockchain+”.
In the future, OKLink will continue to accurately analyze the blockchain network, from prevention and control to tracking, to achieve precise control of chain security.
What is the layout of OKlink?
OKLink is a blockchain information service website created by Ouke Cloud Chain, the world’s first blockchain big data listed company. It aims to provide users with highly available blockchain information services using blockchain + big data technology.
In April this year, the National Development and Reform Commission included the new technologies represented by blockchain and others in the scope of “new infrastructure” for the first time. Since then, OKLink has continued to combine the three levels of technology, industry, and industry to promote blockchain to empower big data, Internet of Things, finance, logistics and other fields, and through technological innovation, to explore “blockchain+” with new value for the industry.
Just yesterday (September 6), Zhang Chao, Vice President of Ouke Cloud Chain Group, delivered a speech “Ouke Cloud” at the 2020 Service Trade Fair (China International Trade Fair) Global Fintech Summit Blockchain Forum. Chain “Blockchain Sky Eye”: Exporting Chinese Program to the World.” Zhang Chao said that Ouke Cloud Chain continues to use technology to empower life in its independent research and development, and at the same time exports the “Chinese Blockchain Solution” to the world.
Speaking of blockchain applications, Zhang Chao believes that blockchain technology and 5G, IOT, artificial intelligence, big data and other technologies are all part of the information system and should be used in a coordinated manner in order to exert value in the new infrastructure in the era of smart economy .
At present, OKLink supports nine major currency browsers such as BTC, ETH, LTC, BCH, BSV, DASH, USDT, ETC, OKChain, etc., and realizes the visualization of data on the chain, including the entire network computing power and mining of each currency. Specific sub-data such as pool computing power, difficulty, rich address, difficulty prediction, transaction volume, large-value transactions, and number of active addresses.
Among them, in the Ethereum blockchain browser, in addition to supporting Ethereum, OKLink also supports information query of thousands of ERC-20 tokens, including token market value, fluctuation range, transaction volume, number of addresses, and position Comparing key information.
OKLink ERC-20 token list in Ethereum browser, source: OKLink
Not only that, OKlink continues to iteratively upgrade. In June of this year, a new exchange address label function was added, which supports querying risk transactions and marking risk addresses, which can help users or related institutions locate the final flow of funds.
In order to meet the needs of users, OKLink also launched the DeFi section in August, which contains specific data information of DEX, mortgage loans, stablecoins, anchored assets and other projects. Users can enter the OKLink ETH browser entrance to query DeFi products and services in the Ethereum Real-time data such as the total amount of locked positions and the proportion of locked positions on the shop.
In terms of tool entry, OKLink also released WeChat Mini Programs and Baidu Mini Programs in July and August respectively, supporting various functions such as basic data query, DeFi section, and large-amount monitoring.
In terms of blockchain science popularization and user expansion, Ouke Yunchain has also launched the blockchain academy, including novice tutorials, knowledge popularization, introduction to blockchain browsers, consulting reports, and blockchain dictionaries to comprehensively promote and guide The development of blockchain.
From multi-currency blockchain browsers to exchange address labels, mini-program queries, DeFi sections, and Tianyan on the chain, OKLink is not only continuously enriching the product ecology, but also laying out a blockchain data portal, a blockchain field “Tianyan Check.”
The person in charge of OKLink previously stated: “OKLink’s positioning is to combine blockchain, big data and artificial intelligence to create an overall ecosystem of blockchain data portals .”
The launch of OKLink’s “Sky Eye on the Chain” is an important extension to its blockchain browser, which means that OKLink has been upgraded from a basic blockchain browser query tool to a combination of on-chain data query and tracking. And a full range of blockchain service tools for anti-money laundering.
